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814.264.3789

HSAs in Altoona PA & Hollidaysburg PA

It’s All About Options.

Whether you’re looking for individual coverage or trying to decide which type of plan to choose for your employees, H. Dean Allison Insurance can help you find a Health Insurance solution that meets the needs of everyone.

Health Savings Accounts (HSAs) are a newer alternative to Health Insurance and are meant for those who are insured under high-deductible Health Insurance plans. These plans allow individuals to set aside money to into a savings account that they can use overtime for medical expenses that are not covered under their high-deducible plan. With a standard HSA, you can do the following.

  1. Put money into your HSA (tax free)
  2. Watch your money grow (tax free)
  3. Take out money if needed for qualified medical expenses, including dental and vision (also tax free)

Advantages of HSAs

With a Health Savings Account, you get to control the amount of money that you wish to set aside for medical expenses. All deposits, growth, and withdrawals are all tax-free for your convenience, and most important, your money rolls over each year. Unlike flexible spending accounts, you don’t lose money when your policy renews. Whatever you put into your HSA keeps growing, tax-free.

Although there are limits to the amount of money in which you can deposit into your Health Savings Account each year, as well as qualifications, it’s a great way to help you have a lower premium, supply you with medical coverage if necessary, and help you save for your future medical needs.

Contact an insurance specialist at H. Dean Allison Insurance today to learn more about how an HSA can benefit you.

Our Location

H. Dean Allison Insurance

H. Dean Allison Insurance

218 Logan Blvd
Altoona, PA 16602
Main office: 814-264-3789
Fax: 814-943-0957

Office Hours:

Mon: 8:00 AM - 4:30 PM
Tues: 8:00 AM - 4:30 PM
Wed: 8:00 AM - 4:30 PM
Thurs: 8:00 AM - 4:30 PM
Fri: 8:00 AM - 12:30 PM
Sat: Closed
Sun: Closed

Our Providers

Testimonials

"We had been with a company for over 30 yrs and when we met Andrew Myers he wanted to know if we were interested in changing insurances. We were skeptical at first but we had him draw up papers. Make a long story short we switched. My kids also switched. We were shocked at the savings. It was easy, quick, and Andrew's team did all the work. Thanks Andrew, for all the help!"
- Janis Rubine
“I thought I had the most affordable and comprehensive insurance option out there. Wrong! Andrew Myers and his team at H. Dean Allison Insurance Agency not only beat all other competitors, they went out of their way to walk through details of my coverage as one friend to another. All this was accomplished during times that fit into my schedule. Top notch!”
- Scott Sanker
“H.Dean Allison Insurance Agency was able to save us a good amount by switching. We also had not thought about it before. It's definitely worth having them take a look at your info to see what they can do for you.”
- Jonny Hasson
"I will be honest, insurance confuses me. It is one thing that flies over my head. I am proud and glad to say I do business with a group of professionals that sincerely care about my well being. I had the same insurance for years, but now with a simple switch, I have saved hundreds of dollars. Not only did I switch, but my entire immediate family met with the group and made a switch, saving them money as well. Trust me, you won't be disappointed working with these fine individuals."
- Jared Pufka